OVH Groupe (OTC:OVHFF) Trading 8.5% Higher – Here’s What Happened

OVH Groupe S.A. (OTC:OVHFFGet Free Report) rose 8.5% on Thursday . The stock traded as high as $8.68 and last traded at $8.68. Approximately 100 shares were traded during mid-day trading, a decline of 61% from the average daily volume of 257 shares. The stock had previously closed at $8.00.

OVH Groupe Stock Performance

The company’s 50-day moving average price is $7.19 and its 200-day moving average price is $8.37.

About OVH Groupe

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OVH Groupe SA provides public and private cloud, shared hosting, and dedicated server products and solutions worldwide. The company operates through three segments: Private Cloud, Public Cloud, and Web Cloud & Other. It offers Bare Metal Cloud that provides dedicated servers; Hosted Private Cloud, which offers servers fully managed by OVHcloud, such as operating system and the virtualisation layer; Public Cloud that provides cloud computing services on shared servers; and web cloud services.

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